Channelnomics EU: Crayon to IPO on Oslo Stock Exchange

Software specialist to conduct offering of new shares to raise NOK 300m (€32m)

Channelnomics EU has reported news of our intention to launch an IPO on the Oslo Stock Exchange.

As Josh Budd explains, ‘The Norwegian firm’s investor, equity house Norvestor, intends to shrink its ownership of Crayon through a secondary sale of its shares as part of the IPO, but plans to remain a shareholder once the IPO has completed.’

This, he says, will see Crayon conducting ‘an offering of new shares’ and ‘raising gross proceeds of around NOK 300m (€32m) in order to fuel its growth strategy, which will likely include M&A’.

Crayon are experts at optimising client ROI from complex technology. We are the global leader in software asset management (SAM), cloud and volume licensing and associated consulting services and are trusted advisers to many of the globe's leading organisations.